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The NIO Inc. ADR (NIO) slipped 4.92% to $40.57 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.04% to 15,853.85 and Dow Jones Industrial Average falling 0.04% to 36,087.45. The ADR's fall snapped a two-day winning streak. NIO Inc. ADR closed $26.42 short of its 52-week high ($66.99), which the company reached on January 11th.
The ADR underperformed when compared to some of its competitors Monday, as Tesla Inc. (TSLA) fell 1.94% to $1,013.39, Toyota Motor Corp. ADR (7203.TO) fell 0.01% to $184.39, and Ferrari N.V. (RACE) rose 0.11% to $258.85. Trading volume (47.4 M) eclipsed its 50-day average volume of 35.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2021.
(END) Dow Jones Newswires
November 15, 2021 17:11 ET (22:11 GMT)
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